United Oil & Gas (LON:UOG) Trading Down 2% – Time to Sell?

United Oil & Gas Plc (LON:UOGGet Free Report) dropped 2% during mid-day trading on Tuesday . The stock traded as low as GBX 0.22 ($0.00) and last traded at GBX 0.24 ($0.00). Approximately 2,474,891 shares traded hands during trading, a decline of 86% from the average daily volume of 17,988,457 shares. The stock had previously closed at GBX 0.25 ($0.00).

United Oil & Gas Stock Performance

The company has a market cap of £2.55 million, a PE ratio of 165.00 and a beta of 1.66. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.54 and a current ratio of 0.92. The firm’s 50 day moving average is GBX 0.18 and its 200-day moving average is GBX 0.19.

About United Oil & Gas

(Get Free Report)

United Oil & Gas Plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas in the United Kingdom, Egypt, Europe, and Latin America. The company holds interests in the Abu Sennan concession located in the Western Desert region of onshore Egypt; the Maria license located in the Central North Sea, and the Walton Morant license located in offshore Jamaica.

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